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Diane Shelton

(314) 497-4685
DShel80907@aol.com
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Saint Louis Real Estate Sale Price vs. List Price with Number of Days on Market

The Green Bars below represent the percentage of the list price for which the Saint Louis MO Metro properties sold in the respective month.  The blue line represents average number of days on market for the properties.  Clearly in 2011 the listings that were sold in the summer months generated a sale price closer to the asking price.  Additionally the number of days on market went down during the same period.

An obvious conclusion would be to buy now if you are a buyer and to list in May if you are planning to sell.  Unfortunately it’s really not quite that easy.  While the numbers don’t lie you would need to take into the account other factors such as the quality of inventory, after all if most sellers don’t list until May then the buyers choices are limited but if the Buyer buys now there is less competition as there are fewer buyers in Winter and therefore less demand.

Ultimately it works out like this.  If you are comfortable with your job and economic position then you should be looking at the low down payment and low interest mortgages that are currently available.  Contact your financial advisor for more details.

Chart of list price vs. sale price and days on market

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Posted in: Market Watch, Real Estate News, St. Louis and Area Real Estate News Tagged: Saint Louis Homes for sale, saint louis metro listings, saint louis properties, saint louis real estate, saint louis real estate listings, saint louis real estate market, saint louis sale price, sale price list price saint louis mo

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Still LOVE my home – thank you!!

Lynn B. Ballwin, Missouri

Thanks Jim. I was prepared for a miserable experience. You took the worry and tension out of selling.

John Walsh Seattle, Washington

We had the best experience during the purchase of our first home with Jim. We love it. One of my best friends is a Realtor and I have already told her that when I move, Jim Hurley is the one I work with.

James Fagan Ballwin, Missouri

It was our first home and we spend several months looking. Jim never lost patience. He spent hours educating us and helping us through the process. He’s always smiling and positive…. Linda and Steve Green St. Peters, Missouri

Linda and Steve Green St. Peters, Missouri

I wasn’t really considering buying a new home but one I had looked at before we bought the last one, which I loved, came on the market. I called Jim and we moved 45 days later with no problems. He really cares about the people involved in the process.

Tina and Tom Shinner Kirkwood, Missouri

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Still LOVE my home – thank you!!

Lynn B. Ballwin, Missouri

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Thanks Jim. I was prepared for a miserable experience. You took the worry and tension out of selling.

John Walsh Seattle, Washington

default image

We had the best experience during the purchase of our first home with Jim. We love it. One of my best friends is a Realtor and I have already told her that when I move, Jim Hurley is the one I work with.

James Fagan Ballwin, Missouri

default image

It was our first home and we spend several months looking. Jim never lost patience. He spent hours educating us and helping us through the process. He’s always smiling and positive…. Linda and Steve Green St. Peters, Missouri

Linda and Steve Green St. Peters, Missouri

default image

I wasn’t really considering buying a new home but one I had looked at before we bought the last one, which I loved, came on the market. I called Jim and we moved 45 days later with no problems. He really cares about the people involved in the process.

Tina and Tom Shinner Kirkwood, Missouri

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